Baidu’s iQIYI, often known as the “Netflix of China”, is also reportedly filling for an IPO in the U.S., according to Bloomberg. No major video streaming sites in China have turned a profit yet. When…
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Bonpoint CEO Marie-Sabine Leclercq on How a Small Luxury Brand Makes It in China
When Bonpoint CEO Marie-Sabine Leclercq visits China on behalf of the company—there are 16 of the French luxury childrenswear shops on the mainland—she notices one key difference in the women there compared with women in…
Founder of China micro-lender set to become billionaire with IPO
Surging valuations for Chinese fintech startups are about to turn micro-lending tycoon Min Luo into the country’s latest IPO billionaire. Luo, 34, founder and chief executive officer of online loan provider Qudian, owns about a…
How the Warriors used China trip to grow business opportunities
SHANGHAI – The towering buildings sprang upward under a sea of blue sky in all directions. As Warriors chief marketing officer Chip Bowers sat in the restaurant of the team’s five-star hotel, he only needed…
China’s currency flexes its muscles, pressuring the dollar
The People’s Bank of China (PBOC) was likely attempting to provide “overriding stability” ahead of the 19th Community Party Congress on Oct. 18, one market watcher said PBOC governor Zhou Xiaochuan told financial magazine Caijing…
China’s economic achievements since 18th CPC national congress
China’s 2016 GDP of $11.2 trillion accounted for 14.8 percent … Thanks to reforms to simplify business registration and streamline approvals, the number of new companies registered in 2014-2016 totaled 13.62 million, an annual increase…
Soon, another IPO billionaire in China
Founder of online lender worth at least US$1.2b after US listing BEIJING • Surging valuations for Chinese fintech start-ups are about to turn micro-lending tycoon Min Luo into the country’s latest IPO billionaire. Mr Luo,…
World’s Most Powerful National Brands: Canada Rises To #7
China’s growth on the brand metric has been meteoric. The value of its brand grew 44 per cent in a year, to US$10.2 trillion, compared to just two-per-cent growth for the U.S. brand. Watch: Canada…
Follow me: Luxury brands turn to social media to connect with customers
told the South China Morning Post in an interview on Tuesday during a visit to Hong Kong. Jacobson, who was the eighth employee to join Facebook, said the risk for luxury brands in using social…
China leads the world with fastest growing nation brand: study
China is the fastest growing nation brand in absolute terms, rising in value by $3.1 trillion in a year, according to a new report. The increase is equal to the entire nation brand value of…
State-run funds to get privilege investing in China IPOs
China’s state-run mutual and pension funds will have privileged access to the offline allotment of all initial public offerings (IPOs) in the mainland, thanks to the latest amendment to the securities issuance and underwriting rules.…
China’s Top Anime Streaming Site Is Said to Plan IPO in U.S.
Animation streaming site plans to seek at least $200 million Bilibili, China’s top online platform for streaming Japanese animation, is planning a U.S. initial public offering that could raise at least $200 million, according to…
Costa banks on rising demand for coffee in China as it buys out partner
Costa Coffee hopes to feed growing demand for caffeine in China after spending £35m on the remaining stake of one of its joint ventures in the country. Whitbread, which owns the coffee chain as well…
